Price has displayed a Change of Character (ChoCH) on the 4-hour timeframe, breaking the existing bullish trendline and leaving behind a 4H imbalance. This shift indicates potential weakness in the prevailing bullish structure.
I’ll be waiting for price to retrace into the 4H imbalance zone and establish a bearish Change of Character on the 15-minute timeframe, ideally accompanied by the formation of a Fair Value Gap (FVG) or minor imbalance.
Once the 15M imbalance is retested and a bearish candlestick pattern confirms order flow alignment, a short position can be considered after a break below the low of that bearish pattern.
This setup aligns multiple timeframe confluences, reflecting a potential shift in market structure from bullish to bearish.
I’ll be waiting for price to retrace into the 4H imbalance zone and establish a bearish Change of Character on the 15-minute timeframe, ideally accompanied by the formation of a Fair Value Gap (FVG) or minor imbalance.
Once the 15M imbalance is retested and a bearish candlestick pattern confirms order flow alignment, a short position can be considered after a break below the low of that bearish pattern.
This setup aligns multiple timeframe confluences, reflecting a potential shift in market structure from bullish to bearish.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.